SOURCE: Worldwide Food Services, Inc.

Worldwide Food Services, Inc.

December 22, 2009 09:45 ET

Worldwide Food Services (WFSV) Company Update - 100% DEBT FREE

BORDENTOWN, NJ--(Marketwire - December 22, 2009) - WORLDWIDE FOOD SERVICES, INC. (Worldwide Food Services) (PINKSHEETS: WFSV) announced today that, having done a thorough research of the corporate records dating back to 1987, the Company is 100% DEBT FREE. All debt conversions and convertible debentures have been settled and no warrants exist. There is only one option plan in existence. That stock price is at $0.25, Twenty Five cents, a share and must be approved by the Board of Directors on a case by case basis. The Company owes no suppliers or manufacturers; inventories that are held have all been paid for in full.

For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127 and/or www.wwfoodservices.com.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

Contact Information

  • CONTACT:
    WORLDWIDE FOOD SERVICES, INC.
    Rich Kaiser
    Yes International
    800-631-8127